Commencez

Recherche dans les scripts pour "bear"

Quantum Flow Navigator @DaviddTechQuantum Flow Navigator – DaviddTech Precision Strategy Builder Powered by Adaptive Filters, Statistical Noise Reduction & Multi-Modal Confirmation 🚀 Bullish Signal : Enter when ALMA, FluxWave, and QuickSilver all confirm bullish trend, with high volume and valid noise filter state. 🔻 Bearish Signal : Enter short when all components align bearishly and filters validate the signal. 🚪 Exit : Automatically managed by dynamic SL/TP or indicator-based reversal logic. ✅ Overview & DaviddTech Methodology Quantum Flow Navigator is an advanced, multi-component trading system engineered around the strict modular logic of the DaviddTech methodology . It integrates every core component required for a fully rule-based and signal-driven strategy—baseline, confirmations, volume filter, exit system, and noise filter. Designed for traders who demand structure, clarity, and data-backed decision-making on 15M, 1H, and 4H charts. 🔍 Indicator Components Baseline: Adaptive ALMA Filter Smooth and responsive dynamic trend detection, with momentum validation and optional filled zones for enhanced visual feedback. Confirmation #1: FluxWave Oscillator Developed from an enhanced Trendlio concept by @dudeowns , FluxWave uses ALMA-smoothed rate-of-change logic with configurable signal behavior. Confirmation #2: QuickSilver Band System Custom breakout engine that maps volatility envelopes using multi-layered deviation bands for clear confirmation of structure breaks and trend direction. Volume Filter: Normalized Volume Energy Innovative volume filter inspired by @ceyhun 's work. Filters trades by classifying energy into High, Normal, or Low based on normalized volume context. Exit System: Dynamic Momentum Stop Loss Choose from Smart Adaptive, Trailing, Stepped, Percentage, ATR, or Volatility-adjusted logic. Supports TP via risk/reward, ATR multiples, or percentage targets. Noise Filtration: Quantum Statistical Noise Reduction Fuses Kalman smoothing with wavelet decomposition to eliminate non-signal noise and improve trade quality and confidence. 🎨 Visual System & Dashboard 🚀/🔻/🚪 Emoji Labels : Buy, sell, and exit trades clearly marked for instant recognition. Color-Shifting Bars : Reflect FluxWave’s trend bias in real-time. ALMA Fill Zone : Visual trend envelope between price and ALMA baseline. QuickSilver Bands : Volatility envelopes with graduated depth for support/resistance awareness. SL & TP Visuals : Dynamic stop-loss and take-profit zones plotted directly on chart. Navigator Panel : In-chart dashboard displays real-time trend status, volume energy, noise filter state, signal strength, and active position tracking. 📈 How to Trade with It Entry Mode Selection : Choose between Combined, ALMA, FluxWave, QuickSilver, or Custom scoring logic. Final Signals : Trigger only when confirmations align, volume energy is valid, and noise is low. Dashboard Summary : Use real-time signal display to validate entry strength. Timeframes : 15M–1H recommended for swing/intraday setups; 5M–15M for automation. 💡 Advanced Features Entry Strength Scoring: Composite weight of all active components + filters. Cooldown System: Limits excessive signals in volatile periods. Multiple Exit Strategies: SL & TP modes with optional indicator-based exits. Statistical Filtering: Wavelet + Kalman combination optimizes entry confidence. Full Alert Suite: Covers entries, exits, filter triggers, volume states, and more. 🧠 Suggested Strategy Usage Wait for full confirmation from ALMA, FluxWave, and QuickSilver. Ensure volume energy is High and noise filter confirms trend clarity. Use adaptive SL/TP or indicator-based exits. Monitor dashboard for live signal strength ≥ threshold. Use “Balanced” mode for general use; switch to “Aggressive” for tighter signals. 📝 Credits & Originality Concept based on DaviddTech’s component-driven methodology . FluxWave Oscillator built as an evolved version of Trendlio with full signal customization — credit @dudeowns . Volume Energy Filter adapted from the work of @ceyhun . Noise filtration and system architecture developed independently using Pine Script v6. All code and logic is original, non-rehashed, and completely refactored to ensure uniqueness. Quantum Flow Navigator fuses adaptive baselines, confirmation logic, energy-based filters, and statistical refinement into a precision signal engine—optimized for traders who value structure, clarity, and control.
Indicateur Pine Script®
par daviddtech
10
Fractal Pattern AnalysisFractal Pattern Key Elements and How to Read Them 1. Williams Fractals (Triangle Markers) Red Triangles Pointing Down: Bearish fractals - potential resistance points and selling opportunities Green Triangles Pointing Up: Bullish fractals - potential support points and buying opportunities When to Act: Look for bullish fractals forming during uptrends and bearish fractals during downtrends 2. Moving Averages Yellow Line (20 EMA): Short-term trend Blue Line (50 EMA): Medium-term trend Red Line (200 EMA): Long-term trend Interpretation: When shorter MAs cross above longer MAs, it's bullish; when they cross below, it's bearish Key Signal: The alignment of all three MAs (stacked in order) confirms a strong trend 3. Background Color Green Background: Uptrend (all MAs aligned bullishly) Red Background: Downtrend (all MAs aligned bearishly) Yellow Background: Sideways/neutral market (MAs not clearly aligned) 4. Market Structure Markers (Small Circles) Green Circles: Higher highs and higher lows (bullish structure) Red Circles: Lower highs and lower lows (bearish structure) Pattern Recognition: Multiple green circles suggest continuing uptrend; multiple red circles suggest continuing downtrend 5. Reversal Diamonds ("Rev" Markers) Yellow Diamonds: Potential trend reversal points Usage: These mark where the current trend might be changing direction Confirmation: Wait for price to close beyond the diamond before acting 6. Bollinger Bands (Blue Lines with Fill) Middle Band: 20-period SMA Upper/Lower Bands: Volatility channels Signals: Price touching upper band in uptrend is strength; touching lower band in downtrend is weakness Squeeze: When bands narrow, expect a volatility breakout soon 7. Status Table (Top Right) Shows current trend, volume direction, and overall signal at a glance "BUY" signal appears when multiple bullish conditions align "SELL" signal appears when multiple bearish conditions align
Indicateur Pine Script®
par satsrin
SMC+The "SMC+" indicator is a comprehensive tool designed to overlay key Smart Money Concepts (SMC) levels, support/resistance zones, order blocks (OB), fair value gaps (FVG), and trap detection on your TradingView chart. It aims to assist traders in identifying potential areas of interest based on price action, swing structures, and volume dynamics across multiple timeframes. This indicator is fully customizable, allowing users to adjust lookback periods, colors, opacity, and sensitivity to suit their trading style. Key Components and Functionality 1. Key Levels (Support and Resistance) This section plots horizontal lines representing support and resistance levels based on highs and lows over three distinct lookback periods, plus daily nearest levels. Short-Term Lookback Period (Default: 20 bars) Plots the highest high (short_high) and lowest low (short_low) over the specified period. Visualized as dotted lines with customizable colors (Short-Term Resistance Color, Short-Term Support Color) and opacity (Short-Term Resistance Opacity, Short-Term Support Opacity). Adjustment Tip: Increase the lookback (e.g., to 30-50) for less frequent but stronger levels on higher timeframes, or decrease (e.g., to 10-15) for scalping on lower timeframes. Long-Term Lookback Period (Default: 50 bars) Plots broader support (long_low) and resistance (long_high) levels using a solid line style. Customizable via Long-Term Resistance Color, Long-Term Support Color, and their respective opacity settings. Adjustment Tip: Extend to 100-200 bars for swing trading or major trend analysis on daily/weekly charts. Extra-Long Lookback Period (Default: 100 bars) Identifies significant historical highs (extra_long_high) and lows (extra_long_low) with dashed lines. Configurable with Extra-Long Resistance Color, Extra-Long Support Color, and opacity settings. Adjustment Tip: Use 200-500 bars for monthly charts to capture macro-level key zones. Daily Nearest Resistance and Support Levels Dynamically calculates the nearest resistance (daily_res_level) and support (daily_sup_level) based on the current day’s price action relative to historical highs and lows. Displayed with Daily Resistance Color and Daily Support Color (with opacity options). Adjustment Tip: Works best on intraday charts (e.g., 15m, 1h) to track daily pivots; combine with volume profile for confirmation. How It Works: These levels update dynamically as new highs/lows form, providing a visual guide to potential reversal or breakout zones. 2. SMC Inputs (Smart Money Concepts) This section identifies swing structures, order blocks, fair value gaps, and entry signals based on SMC principles. SMC Swing Lookback Period (Default: 12 bars) Defines the period for detecting swing highs (smc_swing_high) and lows (smc_swing_low). Adjustment Tip: Increase to 20-30 for smoother swings on higher timeframes; reduce to 5-10 for faster signals on lower timeframes. Minimum Swing Size (%) (Default: 0.5%) Filters out minor price movements to focus on significant swings. Adjustment Tip: Raise to 1-2% for volatile markets (e.g., crypto) to avoid noise; lower to 0.2-0.3% for forex pairs with tight ranges. Order Block Sensitivity (Default: 1.0) Scales the size of detected order blocks (OBs) for bullish reversal (smc_ob_bull), bearish reversal (smc_ob_bear), and continuation (smc_cont_ob). Visuals include customizable colors, opacity, border thickness, and blinking effects (e.g., SMC Bullish Reversal OB Color, SMC Bearish Reversal OB Blink Thickness). Adjustment Tip: Increase to 1.5-2.0 for wider OBs in choppy markets; keep at 1.0 for precision in trending conditions. Minimum FVG Size (%) (Default: 0.3%) Sets the minimum gap size for Fair Value Gaps (fvg_high, fvg_low), displayed as boxes with Fair Value Gap Color and FVG Opacity. Adjustment Tip: Increase to 0.5-1% for larger, more reliable gaps; decrease to 0.1-0.2% for scalping smaller inefficiencies. How It Works: Bullish Reversal OB: Detects a bearish candle followed by a bullish break, marking a potential demand zone. Bearish Reversal OB: Identifies a bullish candle followed by a bearish break, marking a supply zone. Continuation OB: Spots strong bullish momentum after a prior high, indicating a continuation zone. FVG: Highlights bullish gaps where price may retrace to fill. Entry Signals: Plots triangles (SMC Long Entry) when price retests an OB with a liquidity sweep or break of structure (BOS). 3. Trap Inputs This section detects potential bull and bear traps based on price action, volume, and key level rejections. Min Down Move for Bear Trap (%) (Default: 1.0%) Sets the minimum drop required after a bearish OB to qualify as a trap. Visualized with Bear Trap Color, Bear Trap Opacity, and blinking borders. Adjustment Tip: Increase to 2-3% for stronger traps in trending markets; lower to 0.5% for ranging conditions. Min Up Move for Bull Trap (%) (Default: 1.0%) Sets the minimum rise required after a bullish OB to flag a trap. Customizable with Bull Trap Color, Bull Trap Border Thickness, etc. Adjustment Tip: Adjust similarly to bear traps based on market volatility. Volume Lookback for Traps (Default: 5 bars) Compares current volume to a moving average (avg_volume) to filter low-volume traps. Adjustment Tip: Increase to 10-20 for confirmation on higher timeframes; reduce to 3 for intraday sensitivity. How It Works: Bear Trap: Triggers when price drops significantly after a bearish OB but reverses up with low volume or support rejection. Bull Trap: Activates when price rises after a bullish OB but fails with low volume or resistance rejection. Boxes highlight trap zones, resetting when price breaks out. 4. Visual Customization Line Width (Default: 2) Adjusts thickness of support/resistance lines. Tip: Increase to 3-4 for visibility on cluttered charts. Blink On (Default: Close) Sets whether OB/FVG borders blink based on Open or Close price interaction. Tip: Use "Open" for intraday precision; "Close" for confirmed reactions. Colors and Opacity: Each element (OBs, FVGs, traps, key levels) has customizable colors, opacity (0-100), border thickness (1-5 or 1-7), and blink effects for dynamic visualization. How to Use SMC+ Setup: Apply the indicator to any chart and adjust inputs based on your timeframe and market. Key Levels: Watch for price reactions at short, long, extra-long, or daily levels for potential reversals or breakouts. SMC Signals: Look for entry signals (triangles) near OBs or FVGs, confirmed by liquidity sweeps or BOS. Traps: Avoid false breakouts by monitoring trap boxes, especially near key levels with low volume. Notes: This indicator is a visual aid and does not guarantee trading success. Combine it with other analysis tools and risk management strategies. Performance may vary across markets and timeframes; test settings thoroughly before use. For optimal results, experiment with lookback periods and sensitivity settings to match your trading style. The default settings are optimal for 1 minute and 10 second time frames for small cap low float stocks. Continuation OB are Blue. Bullish Reversal OB color is Green Bearish Reversal OB color is Red FVG color is purple Bear Trap OB is red with a green border and often appears with a Bearish Reversal OB signaling caution to a short position. Bull trap OB is green with a Red border signaling caution to a long position. All active OB area are highlighted and solid in color while other non active OB area are dimmed. My personal favorite setups are when we have an active bullish reversal with an active FVG along with an active Continuation OB. Another personal favorite is the Bearish reversal OB signaling an end to a recent uptrend. The Trap OB detection are also a unique and Original helpful source of information. The OB have a white boarder by default that are colored black giving a simulated blinking effect when price is acting in that zone. The Trap OB border are colored with respect to direction of intended trap, all of which can be customized to personal style. All vaild OB zones are shown compact in size ,a unique and original view until its no longer valid.
Indicateur Pine Script®
par kwsatterfield1
4
EMA-Based Squeeze Dynamics (Gap Momentum & EWMA Projection)EMA-Based Squeeze Dynamics (Gap Momentum & EWMA Projection) 🚨 Main Utility: Early Squeeze Warning The primary function of this indicator is to warn traders early when the market is approaching a "squeeze"—a tightening condition that often precedes significant moves or regime shifts. By visually highlighting areas of increasing tension, it helps traders anticipate potential volatility and prepare accordingly. This is intended to be a statistically and psychologically grounded replacement of so-called "fib-time-zones," which are overly-deterministic and subjective. 📌 Overview The EMA-Based Squeeze Dynamics indicator projects future regime shifts (such as golden and death crosses) using exponential moving averages (EMAs). It employs historical interval data and current market conditions to dynamically forecast when the critical EMAs (50-period and 200-period) will reconverge, marking likely trend-change points. This indicator leverages two core ideas: Behavioral finance theory: Traders often collectively anticipate popular EMA crossovers, creating a self-fulfilling prophecy (normative social influence), similar to findings from Solomon Asch’s conformity experiments. Bayesian-like updates: It utilizes historical crossover intervals as a prior, dynamically updating expectations based on evolving market data, ensuring its signals remain objectively grounded in actual market behavior. ⚙️ Technical & Mathematical Explanation 1. EMA Calculations and Regime Definitions The indicator uses three EMAs: Fast (9-period): Represents short-term price movement. Medial (50-period): Indicates medium-term trend direction. Slow (200-period): Defines long-term market sentiment. Regime States: Bullish: 50 EMA is above the 200 EMA. Bearish: 50 EMA is below the 200 EMA. A shift between these states triggers visual markers (arrows and labels) directly on the chart. 2. Gap Dynamics and Historical Intervals At each crossover: The indicator records the gap (distance) between the 50 and 200 EMAs. It tracks the historical intervals between past crossovers. An Exponentially Weighted Moving Average (EWMA) of these intervals is calculated, weighting recent intervals more heavily, dynamically updating expectations. Important note: After every regime shift, the projected crossover line resets its calculation. This reset is visually evident as the projection line appears to move further away after each regime change, temporarily "repelled" until the EMAs begin converging again. This ensures projections remain realistic, grounded in actual EMA convergence, and prevents overly optimistic forecasts immediately after a regime shift. 3. Gap Momentum & Adaptive Scaling The indicator measures how quickly or slowly the gap between EMAs is changing ("gap momentum") and adjusts its forecast accordingly: If the gap narrows rapidly, a crossover becomes more imminent. If the gap widens, the next crossover is pushed further into the future. The "gap factor" dynamically scales the projection based on recent gap momentum, bounded between reasonable limits (0.7–1.3). 4. Squeeze Ratio & Background Color (Visual Cues) A "squeeze ratio" is computed when market conditions indicate tightening: In a bullish regime, if the fast EMA is below the medial EMA (price pulling back towards long-term support), the squeeze ratio increases. In a bearish regime, if the fast EMA rises above the medial EMA (price rallying into long-term resistance), the squeeze ratio increases. What the Background Colors Mean: Red Background: Indicates a bullish squeeze—price is compressing downward, hinting a bullish reversal or continuation breakout may occur soon. Green Background: Indicates a bearish squeeze—price is compressing upward, suggesting a bearish reversal or continuation breakout could soon follow. Opacity Explanation: The transparency (opacity) of the background indicates the intensity of the squeeze: High Opacity (solid color): Strong squeeze, high likelihood of imminent volatility or regime shift. Low Opacity (faint color): Mild squeeze, signaling early stages of tightening. Thus, more vivid colors serve as urgent visual warnings that a squeeze is rapidly intensifying. 5. Projected Next Crossover and Pseudo Crossover Mechanism The indicator calculates an estimated future bar when a crossover (and thus, regime shift) is expected to occur. This calculation incorporates: Historical EWMA interval. Current squeeze intensity. Gap momentum. A dynamic penalty based on divergence from baseline conditions. The "Pseudo Crossover" Explained: A key adaptive feature is the pseudo crossover mechanism. If price action significantly deviates from the projected crossover (for example, if price stays beyond the projected line longer than expected), the indicator acknowledges the projection was incorrect and triggers a "pseudo crossover" event. Essentially, this acts as a reset, updating historical intervals with a weighted adjustment to recalibrate future predictions. In other words, if the indicator’s initial forecast proves inaccurate, it recognizes this quickly, resets itself, and tries again—ensuring it remains responsive and adaptive to actual market conditions. 🧠 Behavioral Theory: Normative Social Influence This indicator is rooted in behavioral finance theory, specifically leveraging normative social influence (conformity). Traders commonly watch EMA signals (especially the 50 and 200 EMA crossovers). When traders collectively anticipate these signals, they begin trading ahead of actual crossovers, effectively creating self-fulfilling prophecies—similar to Solomon Asch’s famous conformity experiments, where individuals adopted group behaviors even against direct evidence. This behavior means genuine regime shifts (actual EMA crossovers) rarely occur until EMAs visibly reconverge due to widespread anticipatory trading activity. The indicator quantifies these dynamics by objectively measuring EMA convergence and updating projections accordingly. 📊 How to Use This Indicator Monitor the background color and opacity as primary visual cues. A strongly colored background (solid red/green) is an early alert that a squeeze is intensifying—prepare for potential volatility or a regime shift. Projected crossover lines give a dynamic target bar to watch for trend reversals or confirmations. After each regime shift, expect a reset of the projection line. The line may seem initially repelled from price action, but it will recalibrate as EMAs converge again. Trust the pseudo crossover mechanism to automatically recalibrate the indicator if its original projection misses. 🎯 Why Choose This Indicator? Early Warning: Visual squeeze intensity helps anticipate market breakouts. Behaviorally Grounded: Leverages real trader psychology (conformity and anticipation). Objective & Adaptive: Uses real-time, data-driven updates rather than static levels or subjective analysis. Easy to Interpret: Clear visual signals (arrows, labels, colors) simplify trading decisions. Self-correcting (Pseudo Crossovers): Quickly adjusts when initial predictions miss, maintaining accuracy over time. Summary: The EMA-Based Squeeze Dynamics Indicator combines behavioral insights, dynamic Bayesian-like updates, intuitive visual cues, and a self-correcting pseudo crossover feature to offer traders a reliable early warning system for market squeezes and impending regime shifts. It transparently recalibrates after each regime shift and automatically resets whenever projections prove inaccurate—ensuring you always have an adaptive, realistic forecast. Whether you're a discretionary trader or algorithmic strategist, this indicator provides a powerful tool to navigate market volatility effectively. Happy Trading! 📈✨
Indicateur Pine Script®
par garysebastianbrowniii
6
Multitimeframe Fair Value Gap – FVG (Zeiierman)█ Overview The Multitimeframe Fair Value Gap – FVG (Zeiierman) indicator provides a dynamic and customizable visualization of institutional imbalances (Fair Value Gaps) across multiple timeframes. Built for traders who seek to analyze price inefficiencies, this tool helps highlight potential entry points, unmitigated gaps, and directional bias using smart volume logic and adaptive visual elements. A Fair Value Gap (FVG) forms when there's a three-candle sequence in which a market imbalance leaves a "gap" between the wicks of candle 1 and candle 3. These areas are often considered footprints of institutional activity, and this indicator gives you the tools to track them with surgical precision across any timeframe you choose—regardless of the one you're viewing. This indicator also includes a trend filter powered by a low-pass Butterworth filter, enabling traders to distinguish between countertrend vs. trend-aligned FVGs for more intelligent decision-making. On top of that, it features a dynamic FVG table for live tracking and bull/bear volume power visualization inside each gap, adding powerful clarity to market intent. █ How It Works The indicator analyzes the open, high, low, close, and volume of candles from a user-selected timeframe. It identifies Fair Value Gaps based on wick logic and only confirms those that meet customizable strength criteria. Once detected, the indicator visualizes each FVG with dynamically extending boxes, optional buy/sell volume bars, and a real-time mitigation check. ⚪ Multitimeframe Logic Users can analyze FVGs from a higher or lower timeframe regardless of their current chart. This is achieved using request.security() to fetch OHLCV data from the chosen timeframe. ⚪ Wick Sensitivity & Impulse Filter The script measures the wick size of potential FVG candles and compares them to a running average. Only FVGs with wick sizes above a certain sensitivity threshold (user-controlled) are plotted. This ensures only meaningful price dislocations (e.g., strong impulsive moves) are shown, reducing noise. ⚪ Midpoint Mitigation Logic FVGs are marked as "mitigated" when the price revisits the gap area. Traders can choose whether full gap closure or just a midpoint touch is required. This allows faster reactivity in real-time trading environments. ⚪ Bull & Bear Power – Volume-Weighted Visualization Every Fair Value Gap box includes sub-bars representing the estimated buy and sell effort that created the gap. These are calculated using the candle's close in relation to its high/low range and volume: Buy Volume % ≈ effort from low to close Sell Volume % ≈ effort from high to close Each sub-bar inside the FVG: Is color-coded (UpCol for bullish, DnCol for bearish) Is drawn proportionally to the strength of buyers or sellers Visually displays who was in control during the imbalance ⚪ FVG Table – Dynamic On-Chart Overview The indicator includes an optional on-chart table that displays all currently active (unmitigated) FVGs in a side panel format: Automatic updates as gaps are formed and mitigated Color-coded rows to show bullish vs. bearish FVGs Timestamps to know precisely when the gap formed User-controlled position via Table Left and Table Right This is a gap watchlist overlay, giving traders a concise view of current inefficiencies without manually scanning the chart. ⚪ FVG Trend Filter (Butterworth Smoother) Using a two-pole Butterworth low-pass filter, the indicator computes a trendline based on average FVG values, offering a smooth but responsive directional signal. Passband Ripple (dB): Controls sensitivity and overshoot tolerance Cutoff Frequency (0–0.5): Sets how quickly the trendline reacts The trendline helps categorize each FVG: Trend up → favor bullish FVGs Trend down → favor bearish FVGs It adds an extra dimension to FVG entries, helping distinguish between trend-aligned and countertrend signals. █ How to Use ⚪ Identify Institutional Gaps Use this tool to identify areas where institutions may have left imbalances behind quickly. These areas often become: Strong support/resistance zones Areas where price might react sharply Targets for liquidity sweeps or retracements ⚪ React to Trend or Countertrend The built-in trendline helps categorize each FVG: Trend up → Bullish FVGs have higher validity Trend down → Bearish FVGs have higher validity ⚪ Volume Context via Bull/Bear Power Each Fair Value Gap is more than just a price imbalance — it’s a story of effort and intent. The Bull/Bear Power feature visualizes the buy and sell pressure behind each FVG, helping you understand how the gap was formed and who was in control. A bullish FVG with a strong buy effort suggests continuation potential — buyers dominated the move. A bullish FVG with a dominant sell effort could signal a trap or reversal — sellers may have overwhelmed the breakout. These insights allow you to confirm imbalance strength, spot traps early, and add confidence to entries based on dominant volume profiles. Instead of viewing gaps as static zones, this feature turns each into a live volume map — a visual breakdown of who moved the market and whether that move had conviction. ⚪ Plan with the FVG Table The FVG Table acts as your on-chart control center for tracking active imbalances. When enabled, it provides a clear summary of all unmitigated Fair Value Gaps, helping you stay organized and focused during fast-moving sessions. Track live and historical gaps: See exactly when and where each FVG formed. Monitor older, still-valid zones: Gaps off-screen but not mitigated remain in play — perfect for anticipating future reactions. Gauge market bias at a glance: The balance of bullish vs. bearish FVGs helps you understand overall directional pressure. Plan entries confidently: Use the table to reference all zones for risk management, confluence stacking, or layered execution strategies. Instead of manually scanning your chart, the FVG Table offers a clean, at-a-glance overview of the market’s inefficiencies — giving you the structure needed to act with precision. █ Settings FVG Timeframe Select any timeframe to source FVGs independent of your current chart. Sensitivity Filter FVGs by how impulsive the move is — it helps you eliminate weak gaps. Mitigated on Mid Control whether gaps are removed at midpoint touch or full fill. Table Settings Control the table position and width. Cleanly view all active FVGs. FVG Style Customize gap box colors, length, and bullish/bearish overlays. Trend Filter Enable or disable the smoothed FVG-based trendline with customizable smoothing controls. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Indicateur Pine Script®
par Zeiierman
54
FA_PA_LIBLibrary "FA_PA_LIB" A collection of custom tools & utility functions commonly used for coding Dr Al Brooks, Price Action System with my scripts getBodySize()   Gets the current candle's body size (in POINTS, divide by 10 to get pips)   Returns: The current candle's body size in POINTS getTopWickSize()   Gets the current candle's top wick size (in POINTS, divide by 10 to get pips)   Returns: The current candle's top wick size in POINTS getTopWickPercent()   Gets the current candle's top wick size (in POINTS, divide by 10 to get pips)   Returns: Percent of total candle width that is occupied by the upper wick getBottomWickSize()   Gets the current candle's bottom wick size (in POINTS, divide by 10 to get pips)   Returns: The current candle's bottom wick size in POINTS getBottomWickPercent()   Gets the current candle's bottom wick size (in POINTS, divide by 10 to get pips)   Returns: Percent of total candle width that is occupied by the lower wick getBarMidPoint()   Gets the current candle's midpoint wick to wick   Returns: The current candle's mid point getBodyPercent()   Gets the current candle's body size as a percentage of its entire size including its wicks   Returns: The current candle's body size percentage (00.00) bullFib(priceLow, priceHigh, fibRatio)   Calculates a bullish fibonacci value   Parameters:      priceLow (float) : The lowest price point      priceHigh (float) : The highest price point      fibRatio (float) : The fibonacci % ratio to calculate   Returns: The fibonacci value of the given ratio between the two price points bearFib(priceLow, priceHigh, fibRatio)   Calculates a bearish fibonacci value   Parameters:      priceLow (float) : The lowest price point      priceHigh (float) : The highest price point      fibRatio (float) : The fibonacci % ratio to calculate   Returns: The fibonacci value of the given ratio between the two price points isBr()   Checks if the current bar is a Bear Bar   Returns: A boolean - true if the current bar is bear candle isBl()   Checks if the current bar is a Bull Bar   Returns: A boolean - true if the current bar is Bull candle isTrendBar()   Checks if the current bar is a Trend Bar. Candle that its body size is greater than 50% of entire candle size   Returns: A boolean - true if the current bar is Trend candle isBlTrendBar()   Checks if the current bar is a Bull Trend Bar. Bullish candle that its body size is greater than 50% of entire candle size   Returns: A boolean - true if the current bar is Bull Trend candle isBrTrendBar()   Checks if the current bar is a Bull Trend Bar. Bullish candle that its body size is greater than 50% of entire candle size   Returns: A boolean - true if the current bar is Bull Trend candle isBlRevB()   Checks if the current bar is a Bull Reversal Bar. Bullish candle that closes on upper half of candle body   Returns: A boolean - true if the current bar is Bull Reversal candle isBrRevB()   Checks if the current bar is a Bear Reversal Bar. BulBearish candle that closes on lower half of candle body   Returns: A boolean - true if the current bar is Bear Reversal candle isDoji(wickSize, bodySize)   Checks if the current bar is a doji candle based on the given parameters   Parameters:      wickSize (float) : (default=2) The maximum top wick size compared to the bottom (and vice versa)      bodySize (float) : (default=0.05) The maximum body size as a percentage compared to the entire candle size   Returns: A boolean - true if the current bar matches the requirements of a doji candle isHammer(fib, colorMatch)   Checks if the current bar is a hammer candle based on the given parameters   Parameters:      fib (float) : (default=0.382) The fib to base candle body on      colorMatch (bool) : (default=true) Does the candle need to be green? (true/false)   Returns: A boolean - true if the current bar matches the requirements of a hammer candle isStar(fib, colorMatch)   Checks if the current bar is a shooting star candle based on the given parameters   Parameters:      fib (float) : (default=0.382) The fib to base candle body on      colorMatch (bool) : (default=false) Does the candle need to be red? (true/false)   Returns: A boolean - true if the current bar matches the requirements of a shooting star candle isBlOB()   Detects Bullish outside bars(OB)   Returns: Returns true if the current bar is a bull outside bar isBrOB()   Detects Bearish outside bars(OB)   Returns: Returns true if the current bar is a bear outside bar
Bibliothèque Pine Script®
par Alireza_PH
Elliott Wave Identification By Akash Patel This script is designed to visually highlight areas on the chart where there are consecutive bullish (green) or bearish (red) candles. It also identifies sequences of three consecutive candles of the same type (bullish or bearish) and highlights those areas with adjustable box opacity. Here's a breakdown of the functionality: --- ### Key Features: 1. **Bullish & Bearish Candle Identification:** - **Bullish Candle:** When the closing price is higher than the opening price (`close > open`). - **Bearish Candle:** When the closing price is lower than the opening price (`close < open`). 2. **Consecutive Candle Counter:** - The script counts consecutive bullish and bearish candles, which resets when the direction changes (from bullish to bearish or vice versa). - The script tracks these counts using the `bullishCount` and `bearishCount` variables, which are incremented based on whether the current candle is bullish or bearish. 3. **Highlighting Candle Areas:** - If there are **3 or more consecutive bullish candles**, the script will highlight the background in a green color with 90% transparency (adjustable). - Similarly, if there are **3 or more consecutive bearish candles**, the script will highlight the background in a red color with 90% transparency (adjustable). 4. **Three-Candle Sequence:** - The script checks if there are three consecutive bullish candles (`threeBullish`) or three consecutive bearish candles (`threeBearish`). - A box is drawn around these areas to visually highlight the sequence. The boxes extend to the right edge of the chart, and their opacity can be adjusted. 5. **Box Creation:** - For bullish sequences, a green box is created using the high and low prices of the three candles in the sequence. - For bearish sequences, a red box is created in the same manner. - The box size is determined by the highest high and the lowest low of the three consecutive candles. 6. **Box Opacity:** - You can adjust the opacity of the boxes through the input parameters `Bullish Box Opacity` and `Bearish Box Opacity` (ranging from 0 to 100). - A higher opacity will make the boxes more solid, while a lower opacity will make them more transparent. 7. **Box Cleanup:** - The script also includes logic to remove boxes when they are no longer needed, ensuring the chart remains clean without excessive box overlays. 8. **Extending Boxes to the Right:** - When a bullish or bearish sequence is identified, the boxes are extended to the right edge of the chart for continued visibility. --- ### How It Works: - **Bullish Area Highlight:** When three or more consecutive bullish candles are detected, the background will turn green to indicate a strong bullish trend. - **Bearish Area Highlight:** When three or more consecutive bearish candles are detected, the background will turn red to indicate a strong bearish trend. - **Three Consecutive Candle Box:** A green box will appear around three consecutive bullish candles, and a red box will appear around three consecutive bearish candles. These boxes can be extended to the right edge of the chart, making the sequence visually clear. --- ### Adjustable Parameters: 1. **Bullish Box Opacity:** Set the opacity (transparency) level of the bullish boxes. Ranges from 0 (completely transparent) to 100 (completely opaque). 2. **Bearish Box Opacity:** Set the opacity (transparency) level of the bearish boxes. Ranges from 0 (completely transparent) to 100 (completely opaque). --- This indicator is useful for identifying strong trends and visually confirming market momentum, especially in situations where you want to spot sequences of bullish or bearish candles over multiple bars. It can be customized to suit different trading styles and chart preferences by adjusting the opacity of the boxes and background highlights.
Indicateur Pine Script®
par Akash7245
Internal Market StructureInternal Market Structure Indicator (Based on Bearish/Bullish Candle Patterns) This custom market structure indicator is designed to help traders identify key shifts in market pressure based on bullish and bearish candle patterns. The indicator tracks consecutive bullish and bearish candles and identifies significant points where the price action suggests a potential reversal or continuation of the current market trend. Key Features: 1. Bullish & Bearish Candle Recognition: The indicator monitors individual candles to determine if they are bullish (close > open) or bearish (close < open), and uses this information to track price direction over consecutive candles. 2. Consecutive Candle Tracking: It tracks consecutive bullish and bearish candles, giving insight into the strength of the prevailing trend. The number of consecutive candles can be adjusted to refine the analysis based on market conditions. 3. Engulfing Candle Detection: The indicator identifies Bullish and Bearish Engulfing signals when a reversal pattern is detected. These are plotted as triangle shapes on the chart: -Bullish Engulfing: Indicates a potential reversal or continuation of an upward move, where a bullish candle fully engulfs the previous bearish candle. -Bearish Engulfing: Indicates a potential reversal or continuation of a downward move, where a bearish candle fully engulfs the previous bullish candle. 4. Internal Shifts: The indicator also tracks Internal Shifts, which occur when the price closes beyond the highest or lowest levels of previous bullish or bearish sequences, signaling a potential trend change: -Bullish Internal Shift: A shift indicating the market may be turning bullish. -Bearish Internal Shift: A shift indicating the market may be turning bearish. 5. Alerts: Custom alerts are included to notify traders when any of the above conditions are met: -Bullish Pressure Change Alert -Bearish Pressure Change Alert -Bullish Internal Shift Alert -Bearish Internal Shift Alert Plotting: The indicator visually marks these key price levels with shapes on the chart: -Green Triangle Up: Bullish Engulfment -Red Triangle Down: Bearish Engulfment -Blue Triangle Down: Bearish Internal Shift -Orange Triangle Up: Bullish Internal Shift Usage: This indicator can be used to spot potential reversals, continuation patterns, and shifts in market sentiment. Traders can combine these signals with other technical indicators to form a more robust trading strategy. By focusing on candle patterns and market structure, this indicator offers a clear, actionable framework for understanding market behavior and making more informed trading decisions. *NOTE* The polyline and horizontal trend lines drawn are not included in this indicator, but are there to show how this indicator can be used to illustrate the internal market structure of the given timeframe.
Indicateur Pine Script®
par The_Forex_Steward
4
Momentum Volume Divergence (MVD) EnhancedMomentum Volume Divergence (MVD) Enhanced is a powerful indicator that detects price-momentum divergences and momentum suppression for reversal trading. Optimized for XRP on 1D charts, it features dynamic lookbacks, ATR-adjusted thresholds, and SMA confirmation. Signals include strong divergences (triangles) and suppression warnings (crosses). Includes a detailed user guide—try it out and share your feedback! Setup: Add to XRP 1D chart with defaults (mom_length_base=8, vol_length_base=10). Signals: Red triangle (sell), Green triangle (buy), Orange cross (bear warning), Yellow cross (bull warning). Confirm with 5-day SMA crossovers. See full guide for details! Disclaimer: This indicator is for educational purposes only, not financial advice. Trading involves risk—use at your discretion. Momentum Volume Divergence (MVD) Enhanced Indicator User Guide Version: Pine Script v6 Designed for: TradingView Recommended Use: XRP on 1-day (1D) chart Date: March 18, 2025 Author: Herschel with assistance from Grok 3 (xAI) Overview The Momentum Volume Divergence (MVD) Enhanced indicator is a powerful tool for identifying price-momentum divergences and momentum suppression patterns on XRP’s 1-day (1D) chart. Plotted below the price chart, it provides clear visual signals to help traders spot potential reversals and trend shifts. Purpose Detect divergences between price and momentum for buy/sell opportunities. Highlight momentum suppression as warnings of fading trends. Offer actionable trading signals with intuitive markers. Indicator Components Main Plot Volume-Weighted Momentum (vw_mom): Blue line showing momentum adjusted by volume. Above 0 = bullish momentum. Below 0 = bearish momentum. Zero Line: Gray dashed line at 0, separating bullish/bearish zones. Key Signals Strong Bearish Divergence: Marker: Red triangle at the top. Meaning: Price makes a higher high, but momentum weakens, confirmed by a drop below the 5-day SMA. Action: Potential sell/short signal. Strong Bullish Divergence: Marker: Green triangle at the bottom. Meaning: Price makes a lower low, but momentum strengthens, confirmed by a rise above the 5-day SMA. Action: Potential buy/long signal. Bearish Suppression: Marker: Orange cross at the top + red background. Meaning: Strong bullish momentum with low volume in a volume downtrend, suggesting fading strength. Action: Warning to avoid longs or exit early. Bullish Suppression: Marker: Yellow cross at the bottom + green background. Meaning: Strong bearish momentum with low volume in a volume uptrend, suggesting fading weakness. Action: Warning to avoid shorts or exit early. Debug Plots (Optional) Volume Ratio: Gray line (volume vs. its MA) vs. yellow line (threshold). Momentum Threshold: Purple lines (positive/negative momentum cutoffs). Smoothed Momentum: Orange line (raw momentum). Confirmation SMA: Purple line (price trend confirmation). Labels Text labels (e.g., "Bear Div," "Bull Supp") mark detected patterns. How to Use the Indicator Step-by-Step Trading Process 1. Monitor the Chart Load your XRP 1D chart with the indicator applied. Observe the blue vw_mom line and signal markers. 2. Spot a Signal Primary Signals: Look for red triangles (strong_bear) or green triangles (strong_bull). Warnings: Note orange crosses (suppression_bear) or yellow crosses (suppression_bull). 3. Confirm the Signal For Strong Bullish Divergence (Buy): Green triangle appears. Price closes above the 5-day SMA (purple line) and a recent swing high. Optional: Volume ratio (gray line) exceeds the threshold (yellow line). For Strong Bearish Divergence (Sell): Red triangle appears. Price closes below the 5-day SMA and a recent swing low. Optional: Volume ratio (gray line) falls below the threshold (yellow line). 4. Enter the Trade Long: Buy at the close of the signal bar. Stop loss: Below the recent swing low or 2 × ATR(14) below entry. Short: Sell/short at the close of the signal bar. Stop loss: Above the recent swing high or 2 × ATR(14) above entry. 5. Manage the Trade Take Profit: Aim for a 2:1 or 3:1 risk-reward ratio (e.g., risk $0.05, target $0.10-$0.15). Or exit when an opposite suppression signal appears (e.g., orange cross for longs). Trailing Stop: Move stop to breakeven after a 1:1 RR move. Trail using the 5-day SMA or 2 × ATR(14). Early Exit: Exit if a suppression signal appears against your position (e.g., suppression_bull while short). 6. Filter Out Noise Avoid trades if a suppression signal precedes a divergence within 2-3 days. Optional: Add a 50-day SMA on the price chart: Longs only if price > 50-SMA. Shorts only if price < 50-SMA. Example Trades (XRP 1D) Bullish Trade Signal: Green triangle (strong_bull) at $0.55. Confirmation: Price closes above 5-SMA and $0.57 high. Entry: Buy at $0.58. Stop Loss: $0.53 (recent low). Take Profit: $0.63 (2:1 RR) or exit on suppression_bear. Outcome: Price hits $0.64, exit at $0.63 for profit. Bearish Trade Signal: Red triangle (strong_bear) at $0.70. Confirmation: Price closes below 5-SMA and $0.68 low. Entry: Short at $0.67. Stop Loss: $0.71 (recent high). Take Profit: $0.62 (2:1 RR) or exit on suppression_bull. Outcome: Price drops to $0.61, exit at $0.62 for profit. Tips for Success Combine with Price Levels: Use support/resistance zones (e.g., weekly pivots) to confirm entries. Monitor Volume: Rising volume (gray line above yellow) strengthens signals. Adjust Sensitivity: Too many signals? Increase div_strength_threshold to 0.7. Too few signals? Decrease to 0.3. Backtest: Review 20-30 past signals on XRP 1D to assess performance. Avoid Choppy Markets: Skip signals during low volatility (tight price ranges). Troubleshooting No Signals: Lower div_strength_threshold to 0.3 or mom_threshold_base to 0.2. Check if XRP’s volatility is unusually low. False Signals: Increase sma_confirm_length to 7 or add a 50-SMA filter. Indicator Not Loading: Ensure the script compiles without errors. Customization (Optional) Change Colors: Edit color.* values (e.g., color.red to color.purple). Add Alerts: Use TradingView’s alert menu for "Strong Bearish Divergence Confirmed," etc. Test Other Assets: Experiment with BTC or ETH, adjusting inputs as needed. Disclaimer This indicator is for educational purposes only and not financial advice. Trading involves risk, and past performance does not guarantee future results. Use at your own discretion. Setup: Use on XRP 1D with defaults (mom_length_base=8, vol_length_base=10). Signals: Red triangle (sell), Green triangle (buy), Orange cross (bear warning), Yellow cross (bull warning). Confirm with 5-day SMA cross. Stop: 2x ATR(14). Profit: 2:1 RR or suppression exit. Full guide available separately!
Indicateur Pine Script®
par AuditFlowTrade
DenP Ichimoku Interpreter (DII)A simple indicator using Ishimoku as a basis, giving entry and exit signals. Components of the Ichimoku Cloud The Ichimoku system consists of multiple lines that help traders understand market trends, momentum, and potential reversals. 1. Tenkan-Sen (Conversion Line) - Blue Formula: (Highest High + Lowest Low) / 2 over the last 9 periods (default). Purpose: Measures short-term trend direction. Interpretation: Upward movement: Indicates bullish momentum. Downward movement: Indicates bearish momentum. Flat line: Indicates consolidation. 2. Kijun-Sen (Base Line) - Red Formula: (Highest High + Lowest Low) / 2 over the last 26 periods (default). Purpose: Represents medium-term trend. Interpretation: Price above Kijun-Sen: Bullish signal. Price below Kijun-Sen: Bearish signal. Flat Kijun-Sen: Market in consolidation. 3. Senkou Span A (Leading Span A) - Light Green Formula: (Tenkan-Sen + Kijun-Sen) / 2, plotted 26 periods ahead. Purpose: Forms one of the Ichimoku Cloud boundaries. Interpretation: If Senkou Span A is rising, the market is bullish. If Senkou Span A is falling, the market is bearish. 4. Senkou Span B (Leading Span B) - Light Red Formula: (Highest High + Lowest Low) / 2 over the last 52 periods, plotted 26 periods ahead. Purpose: Forms the second boundary of the Ichimoku Cloud. Interpretation: If price is above the cloud, the market is in a strong uptrend. If price is below the cloud, the market is in a strong downtrend. If price is inside the cloud, the market is consolidating. 5. Kumo (Cloud) The area between Senkou Span A and Senkou Span B is shaded. Green Cloud (Span A above Span B): Bullish trend. Red Cloud (Span B above Span A): Bearish trend. The thickness of the cloud represents market volatility. 6. Chikou Span (Lagging Line) - Green Formula: Current closing price plotted 26 periods back. Purpose: Confirms trend direction. Interpretation: Chikou Span above price 26 periods ago: Bullish. Chikou Span below price 26 periods ago: Bearish. Buy and Sell Conditions The indicator generates buy and sell signals based on Ichimoku components. 1. Kijun Cross (Medium-Term Trend) Buy Signal: When the closing price crosses above the Kijun-Sen (red line). Sell Signal: When the closing price crosses below the Kijun-Sen. 2. Cloud Breakout (Senkou Span Cross) Buy Signal: When Senkou Span A is above Senkou Span B, and the price crosses above the cloud. Indicates a strong uptrend. Sell Signal: When Senkou Span B is above Senkou Span A, and the price crosses below the cloud. Indicates a strong downtrend. 3. Chikou Span Confirmation (Momentum Confirmation) Buy Signal: If Chikou Span (green) crosses above past price action, it confirms a bullish trend. Used to validate Kijun and Cloud Buy signals. Sell Signal: If Chikou Span crosses below past price action, it confirms a bearish trend. Visual Signals The indicator plots triangles on the chart to indicate buy and sell signals: Kijun Buy Signal: Upward triangle (green). Kijun Sell Signal: Downward triangle (red). Cloud Buy Signal: Upward triangle (green) near the cloud. Cloud Sell Signal: Downward triangle (red) near the cloud. Chikou Confirmation Buy: Upward triangle (green, confirming previous signals). Chikou Confirmation Sell: Downward triangle (red, confirming previous signals). Additional Features Customizable Colors & Settings: Users can adjust colors, time periods, and display settings. On-Chart Table: Displays current trend interpretations for easy reference. How to Use the Indicator? Check the Cloud Position: Price above the cloud = bullish. Price below the cloud = bearish. Price inside the cloud = consolidation. Look for Kijun Crosses: Buy when price crosses above Kijun-Sen. Sell when price crosses below Kijun-Sen. Confirm with Chikou Span: If Chikou Span supports the buy/sell signal, it's more reliable. Use Cloud Breakouts for Trend Reversals: If price moves from below to above the cloud = strong buy. If price moves from above to below the cloud = strong sell.
Indicateur Pine Script®
par BKU_DenP
Trend Zone Moving Averages📈 Trend Zone Moving Averages The Trend Zone Moving Averages indicator helps traders quickly identify market trends using the 50SMA, 100SMA, and 200SMA. With dynamic background colors, customizable settings, and real-time alerts, this tool provides a clear view of bullish, bearish, and extreme trend conditions. 🔹 Features: Trend Zones with Dynamic Background Colors Green → Bullish Trend (50SMA > 100SMA > 200SMA, price above 50SMA) Red → Bearish Trend (50SMA < 100SMA < 200SMA, price below 50SMA) Yellow → Neutral Trend (Mixed signals) Dark Green → Extreme Bullish (Price above all three SMAs) Dark Red → Extreme Bearish (Price below all three SMAs) Customizable Moving Averages Toggle 50SMA, 100SMA, and 200SMA on/off from the settings. Perfect for traders who prefer a cleaner chart. Real-Time Trend Alerts Get instant notifications when the trend changes: 🟢 Bullish Zone Alert – When price enters a bullish trend. 🔴 Bearish Zone Alert – When price enters a bearish trend. 🟡 Neutral Zone Alert – When trend shifts to neutral. 🌟 Extreme Bullish Alert – When price moves above all SMAs. ⚠️ Extreme Bearish Alert – When price drops below all SMAs. ✅ Perfect for Any Market Works on stocks, forex, crypto, and commodities. Adaptable for day traders, swing traders, and investors. ⚙️ How to Use: Trend Zone Moving Averages Strategy This strategy helps traders identify and trade with the trend using the Trend Zone Moving Averages indicator. It works across stocks, forex, crypto, and commodities. 🟢 Bullish Trend Strategy (Green Background) Objective: Look for buying opportunities when the market is in an uptrend. Entry Conditions: ✅ Background is Green (Bullish Zone). ✅ Price is above the 50SMA (confirming strength). ✅ Price pulls back to the 50SMA and bounces OR breaks above a key resistance level. Stop Loss: 🔹 Place below the most recent swing low or just under the 50SMA. Take Profit: 🔹 First target at the next resistance level or recent swing high. 🔹 Second target if price continues higher—trail stops to lock in profits. 🔴 Bearish Trend Strategy (Red Background) Objective: Look for shorting opportunities when the market is in a downtrend. Entry Conditions: ✅ Background is Red (Bearish Zone). ✅ Price is below the 50SMA (confirming weakness). ✅ Price pulls back to the 50SMA and rejects OR breaks below a key support level. Stop Loss: 🔹 Place above the most recent swing high or just above the 50SMA. Take Profit: 🔹 First target at the next support level or recent swing low. 🔹 Second target if price keeps falling—trail stops to secure profits. 🌟 Extreme Trend Strategy (Dark Green / Dark Red Background) Objective: Trade with momentum when the market is in a strong trend. Entry Conditions: ✅ Dark Green Background → Extreme Bullish: Price is above all three SMAs (strong uptrend). ✅ Dark Red Background → Extreme Bearish: Price is below all three SMAs (strong downtrend). Trade Execution: 🔹 For longs (Dark Green): Look for breakout entries above resistance or pullbacks to the 50SMA. 🔹 For shorts (Dark Red): Look for breakdown entries below support or rejections at the 50SMA. Risk Management: 🔹 Use tighter stop losses and trail profits aggressively to maximize gains. 🟡 Neutral Trend Strategy (Yellow Background) Objective: Avoid trading or wait for a breakout. What to Do: 🔹 Avoid trading in this zone—price is indecisive. 🔹 Wait for confirmation (background turns green/red) before taking a trade. 🔹 Use alerts to notify you when the trend resumes. 📌 Final Tips Use this strategy with price action for extra confirmation. Combine with support/resistance levels to improve accuracy. Set alerts for trend changes so you never miss an opportunity. Enjoy!
Indicateur Pine Script®
par FindBetterTrades
1
Marubozu and Strong Candle DetectorMarubozu and Strong Candle Detector - Indicator Description This TradingView Pine Script indicator identifies powerful price action signals by detecting two key candle types that can signal strong market momentum: What It Detects 1. Marubozu Candles: These are candles with little to no wicks, where the body makes up almost the entire candle. Marubozu means "bald head" or "shaved head" in Japanese, referring to the absence of shadows (wicks). o Bullish Marubozu: A green/up candle with minimal wicks, showing buyers controlled the entire session o Bearish Marubozu: A red/down candle with minimal wicks, showing sellers dominated the session 2. Strong Candles: These are candles that are significantly larger than the recent average, suggesting exceptional momentum. o Strong Bullish: Large green/up candles showing powerful buying pressure o Strong Bearish: Large red/down candles showing powerful selling pressure Trading Significance • Bullish Marubozu/Strong Bullish Candles: Often signal the beginning of bullish trends or strong continuation of existing uptrends. These can be excellent entry points for long positions. • Bearish Marubozu/Strong Bearish Candles: Often indicate the start of bearish trends or powerful continuation of existing downtrends. These can be good entry points for short positions or exit points for long positions. Key Features • Customizable Parameters: Adjust sensitivity for body ratio threshold and size comparison • Visual Indicators: Easy-to-spot markers appear on your charts • Information Display: Shows key metrics about the current candle • Alert System: Set notifications for when significant candles form How To Use This Indicator 1. For Entry Signals: o Look for bullish Marubozu/strong bullish candles at support levels or after pullbacks o Look for bearish Marubozu/strong bearish candles at resistance levels or after rallies 2. For Exit Signals: o Consider taking profits on long positions when bearish Marubozu/strong bearish candles appear o Consider taking profits on short positions when bullish Marubozu/strong bullish candles appear 3. For Trend Confirmation: o Multiple signals in the same direction strengthen the case for a trend This indicator works best on larger timeframes (1H, 4H, Daily) where candle formations have more significance, but can be applied to any timeframe based on your trading style.
Indicateur Pine Script®
par ShirishShringare
4
beanBean's Multi-Instrument Pattern Scanner. This indicator scans H1 timeframe for specific technical patterns. Here's how each pattern is detected: PATTERN DETECTION CRITERIA: 1. Hammer - Body Size: ≤ 30% of total candle length - Lower Wick: > 50% of total candle length - Upper Wick: < 20% of total candle length - Formula: * bodySize = |close - open| * upperWick = high - max(open, close) * lowerWick = min(open, close) - low * totalLength = high - low 2. Shooting Star - Body Size: ≤ 30% of total candle length - Upper Wick: > 50% of total candle length - Lower Wick: < 20% of total candle length - Uses same measurements as Hammer but inverted 3. Outside/Inside (OI) Checks three consecutive bars: - Outside Bar: Bar2 high ≥ Bar3 high AND Bar2 low ≤ Bar3 low - Inside Bar: Bar1 high ≤ Bar2 high AND Bar1 low ≥ Bar2 low Pattern confirms when both conditions are met 4. Bullish/Bearish Umbrella Checks two consecutive bars: Bullish: - Current bar's high ≤ previous bar's high - Current body high ≤ previous bar's high - Current body low ≥ previous body high Bearish: - Current bar's low ≥ previous bar's low - Current body low ≥ previous bar's low - Current body high ≤ previous body low 5. Three Bar Triangle (3BT) Checks three consecutive bars: - Current bar's high ≤ max(previous two highs) - Current bar's low ≥ min(previous two lows) - Indicates price compression DISPLAY AND ALERTS: - Patterns are displayed in real-time in the table - Multiple patterns can be detected simultaneously - Pattern detection resets each new H1 candle CONFIGURATION: - Each row can be independently configured - Patterns are checked on H1 timeframe close - Alert frequency: Once per H1 bar close Note: All measurements use standard OHLC values from only completed H1 candles.
Indicateur Pine Script®
par beanthehacker1
Enhanced Interval Candle with Breakout Detection and Detailed InThis indicator visualizes the last candle of a user-defined time interval (e.g., 1 hour, 4 hours, 1 day) on the current chart, providing enhanced details and breakout detection. It fetches the open, high, low, and close prices of the interval candle and draws a stylized representation of it, offset to the right of the current bar. The candle body and wicks are colored according to whether the interval candle closed bullishly (green) or bearishly (red). In addition to the candle itself, the indicator displays horizontal dotted lines representing the high, low, and midpoint of the interval candle, along with labels showing their exact values. These labels are dynamically updated as the interval candle changes. Furthermore, the script detects and visualizes breakouts of the interval candle's high or low. When the current price closes above the interval high, a green dashed line and a "Bullish Breakout" label are displayed. Conversely, when the current price closes below the interval low, a red dashed line and a "Bearish Breakout" label are shown. The breakout lines and labels are also dynamically updated. This indicator helps traders easily track the price action of a higher timeframe candle and spot potential breakouts based on that candle's range. The user can configure the time interval to suit their trading needs.
Indicateur Pine Script®
par nextor_j_d
PumpC CBC EMAs + VWAPPumpC CBC EMAs + VWAP Indicator for Tradingview Introduction This is an indicator for the Candle By Candle (CBC) Flip strategy , based on the CBC Flip concept taught by MapleStax and inspired by the original CBC Flip indicator by AsiaRoo . The CBC Flip strategy is a simple yet effective approach to gauge if bulls or bears are in control for any given candle. The logic behind the CBC Flip is as follows: Bullish Flip : If the most recent candle’s close is above the previous candle’s high, bulls have taken control. Bearish Flip : If the most recent candle’s close is below the previous candle’s low, bears are now in control. No Flip : If neither condition is met, the previously dominant side (bulls or bears) remains in control until one of these conditions is satisfied, flipping the market sentiment—hence the name CBC Flip . The PumpC CBC EMAs + VWAP Indicator enhances this simple strategy by adding trend confirmation filters using EMAs and VWAP , along with time-restricted signal generation and fully customizable alerts. What Does This Indicator Do? The PumpC CBC EMAs + VWAP Indicator helps traders identify CBC Flips to spot potential trend continuations or reversals. It combines candlestick logic , trend filters , and time-based restrictions to provide high-probability trade signals. CBC Flip Detection Bullish Flip : Current close is above the previous candle’s high. Bearish Flip : Current close is below the previous candle’s low. Strict Flips : Require a liquidity sweep for higher accuracy. All Flips : Looser conditions that generate more frequent signals. EMA and VWAP Trend Confirmation (Optional) This filter ensures that long signals only trigger when the Slow EMA is above the VWAP , confirming an upward trend. For short signals, the Slow EMA must be below the VWAP. Time-Based Filtering The indicator allows you to set a specific trading window (e.g., 9:00 AM to 3:00 PM), helping you avoid low-volume or high-risk periods. Visual Labels and Alerts Labels : Arrows (▲ for long and ▼ for short) mark CBC Flip points on the chart. Alerts : Fully customizable notifications for each signal type, based on your chosen filters. Key Features CBC Flip Detection : Identify potential reversals and trend continuations. Strict vs. All Flips : Choose between higher-accuracy strict flips or more frequent all flips. EMA-to-VWAP Filter : Optional trend confirmation filter to reduce false signals. Customizable EMAs and VWAP : Configure lengths and colors for visual clarity. Time-Restricted Signals : Focus on your preferred trading session. Custom Alerts : Notifications for long and short signals based on filter settings. Credits and Inspiration The CBC Flip strategy was created by MapleStax . This indicator is inspired by the original CBC Flip indicator by AsiaRoo . Additional enhancements include EMA-to-VWAP filtering , custom alerts , and time-restricted signal generation for a more comprehensive trading experience. Risks and Disclaimer This indicator is for educational purposes only and does not constitute financial advice. Trading involves significant risk, and past performance does not guarantee future results. Always test this indicator in a simulated environment before live trading.
Indicateur Pine Script®
par PumpCTrader
Stick Sandwich Pattern# Stick Sandwich Pattern Indicator ## Description The Stick Sandwich Pattern Indicator is a custom TradingView script that identifies specific three-candle patterns in financial markets. The indicator uses a sandwich emoji (🥪) to mark pattern occurrences directly on the chart, making it visually intuitive and easy to spot potential trading opportunities. ## Pattern Types ### Bullish Stick Sandwich A bullish stick sandwich pattern is identified when: - First candle: Bullish (close > open) - Second candle: Bearish (close < open) - Third candle: Bullish (close > open) - The closing price of the third candle is within 10% of the first candle's range from its closing price ### Bearish Stick Sandwich A bearish stick sandwich pattern is identified when: - First candle: Bearish (close < open) - Second candle: Bullish (close > open) - Third candle: Bearish (close < open) - The closing price of the third candle is within 10% of the first candle's range from its closing price ## Technical Implementation - Written in Pine Script v5 - Runs as an overlay indicator - Uses a 10% tolerance range for closing price comparison - Implements rolling pattern detection over the last 3 candles - Break statement ensures only the most recent pattern is marked ## Visual Features - Bullish patterns: Green sandwich emoji above the pattern - Bearish patterns: Red sandwich emoji below the pattern - Label size: Small - Label styles: - Bullish: Label points upward - Bearish: Label points downward ## Usage 1. Add the indicator to your TradingView chart 2. Look for sandwich emojis that appear above or below price bars 3. Green emojis indicate potential bullish reversals 4. Red emojis indicate potential bearish reversals ## Code Structure - Main indicator function with overlay setting - Two separate functions for pattern detection: - `bullishStickSandwich()` - `bearishStickSandwich()` - Pattern scanning loop that checks the last 3 candles - Built-in label plotting for visual identification ## Formula Details The closing price comparison uses the following tolerance calculation: ``` Tolerance = (High - Low of first candle) * 0.1 Valid if: |Close of third candle - Close of first candle| <= Tolerance ``` ## Notes - The indicator marks patterns in real-time as they form - Only the most recent pattern within the last 3 candles is marked - Pattern validation includes both candle direction and closing price proximity - The 10% tolerance helps filter out weak patterns while catching meaningful ones ## Disclaimer This indicator is for informational purposes only. Always use proper risk management and consider multiple factors when making trading decisions.
Indicateur Pine Script®
par IndicatorCraft
Tri-Fold BB(Trend-Strength)*indicator isn't preset to look as displayed, do so accordingly* "Tri-Fold BB" is an indicator that utilizes three Bollinger Bands, each of different length as a way to represent trend strength. This allows one to see the trend strength relative to multiple timeframes: short, mid, and long term trend strength. This is helpful because it provides the user with a holistic view of the asset. How it Works The indicator is preset to utilizing three different Bollinger Bands with length: 20, 50, and 100. This indicator simply plots the price of an asset relative to its specified Bollinger Band. For an example, if the price of the asset were to surpass its 20BB standard deviations, it would display so accordingly, though from the perspective of lets say... the 100, it may have looked like it barely moved up a standard deviation relative to 100BB because the standard deviations of a 100BB are more spread out. Its important to view the trend strength from multiple lengths because it allows one to gauge whether the short term trend strength is likely to hold or not. A better way to speculate on asset behavior. Another way to view this indicator is similar to that of the BB% indicator, except this indicator allows us to view price relative to standard deviations, across multiple timeframes. More holistic, more utility provided. Basic Understanding: Each line = Standard Deviation (3 upper, 3 lower) Mid-Line = Basis relative to BB(20sma, 50sma, 100sma) If price goes under Basis, that means it crossed below their specified sma(significant bull or bear signal) I've also added HMA's relative to each BB incase one were to decide in creating some sort of trading strategy with it. I personally don't use them but I understand that it could be helpful to some so I left it in there. If you don't like them then simply deselect them and then save your desired setup as default. In regard to regular indications of bullish or bearishness, i'd like to add that I use this indicator for the sole purpose of providing an idea of trend strength. I personally am unsure to state that cross overs directly indicate that there is a bull or bear move because I've seen instances where the price of an asset went in a direction contrary to what it 'should' have if we were to use that cross over strategy. Though of course, feel free to use this indicator as desired.
Indicateur Pine Script®
par ddcakez
Trend Strength & Direction📌 Assumptions of the "Trend Strength & Direction" Model This model is designed to measure both trend strength and trend direction, using a modified version of the ADX (Average Directional Index) while also identifying ranging markets. Below is a detailed breakdown of all key assumptions. 1️⃣ Using ADX as the Basis for Trend Strength Why ADX? The ADX (Average Directional Index) is one of the most commonly used indicators for measuring trend strength, regardless of direction. How is it calculated? ATR (Average True Range) is used to normalize volatility. Directional movement (+DM and -DM) is smoothed with an Exponential Moving Average (EMA) to obtain the +DI (Positive Directional Indicator) and -DI (Negative Directional Indicator). Trend strength is derived by normalizing the absolute difference between +DI and -DI, divided by the sum of both. 🔹 Assumption: A high ADX means the trend is strong (whether bullish or bearish). 2️⃣ 50-Period Moving Average for Trend Strength Why add a moving average? ADX can be very volatile in the short term. A 50-period SMA (Simple Moving Average) is used to smooth out trend strength and identify sustained trends. 🔹 Assumption: The SMA reduces false signals caused by short-term ADX spikes. 3️⃣ Identifying a Ranging Market (ADX Below 35) How is a ranging market defined? If the trend strength (ADX) is below 35, the market is considered "ranging". The 35-level threshold is chosen empirically since ADX values below this level often indicate a lack of strong price direction. When the market is ranging, the background color turns yellow. 🔹 Assumption: ADX < 35 indicates a sideways market, so the indicator colors the background yellow. 4️⃣ Determining Trend Direction Using +DI and -DI How is direction determined? If +DI > -DI, the trend is bullish (green). If -DI > +DI, the trend is bearish (red). If ADX is below 35, the market is ranging and turns yellow. 🔹 Assumption: Trend direction is determined by the relationship between +DI and -DI, not ADX values. 5️⃣ Background Color to Highlight Market Conditions Yellow background if ADX < 35 → Ranging market. Green background if ADX ≥ 35 and bullish. Red background if ADX ≥ 35 and bearish. 🔹 Assumption: The background color visually differentiates trending vs. ranging phases. 6️⃣ Reference Levels for ADX Lateral Threshold (35) → Below this, the trend is weak or ranging. Neutral Threshold (50) → Intermediate level indicating moderate trend strength. Strong Trend Threshold (75) → Above this, the trend is very strong and possibly overextended. 🔹 Assumption: ADX above 75 indicates a very strong trend, potentially near exhaustion. 🔹 Summary of Key Assumptions 1️⃣ ADX is the core strength metric → Strong trends when ADX > 35, weak below 35. 2️⃣ The 50-period SMA smooths out volatility → Prevents false signals. 3️⃣ Ranging markets are defined as ADX < 35 → Yellow background color. 4️⃣ Trend direction is based on +DI vs. -DI → Green = bullish, Red = bearish. 5️⃣ Background colors enhance readability → Helps distinguish different market phases. 6️⃣ ADX reference levels (35, 50, 75) indicate increasing trend strength. Conclusion This model combines ADX with a moving average and color-based logic to highlight trend strength, trend direction, and sideways markets. It helps traders quickly identify the best conditions for entering or exiting trades. 🚀
Indicateur Pine Script®
par andreapsoroulas21
Multi-Timeframe Stochastic OverviewPurpose of the Multi-Timeframe Stochastic Indicator: The Multi-Timeframe Stochastic Indicator provides a consolidated view of market conditions across multiple timeframes (M1, M5, M15, H1) based on the Stochastic Oscillator, a popular technical analysis tool. The main objective is to allow traders to quickly assess momentum and potential trend reversals across different timeframes on a single chart, helping to make informed trading decisions. --- General Purpose of Stochastic Oscillator: The Stochastic Oscillator measures the relationship between a security's closing price and its price range over a given period, aiming to identify momentum, overbought/oversold levels, and potential reversal points. It works on the assumption that: 1. In uptrends, prices tend to close near their highs. 2. In downtrends, prices tend to close near their lows. It consists of two lines: %K (fast line): Represents the raw Stochastic value. %D (slow line): A moving average of %K, used to smooth the data for better signals. The indicator is generally used to: Identify Overbought (price above 80% threshold) and Oversold (price below 20% threshold) conditions. Spot Bullish and Bearish divergences for potential trend reversals. Evaluate momentum strength within a trend. --- How This Multi-Timeframe Indicator Enhances Stochastic's Utility: 1. Multi-Timeframe Overview: The indicator calculates Stochastic values for multiple timeframes (1-minute, 5-minute, 15-minute, and 1-hour) and displays their market conditions (e.g., Bullish, Bearish, Overbought, Oversold, or Indecision) in an organized table format. This gives traders a broad perspective on short-term, mid-term, and long-term trends simultaneously. 2. Market Condition Summary: Bullish: Indicates upward momentum (both %K and %D > 50%). Bearish: Indicates downward momentum (both %K and %D < 50%). Overbought: Suggests potential trend exhaustion (both %K and %D > 80%). Oversold: Suggests a potential reversal to the upside (both %K and %D < 20%). Indecision: Highlights uncertainty when %K and %D are on opposite sides of the 50% level. 3. Quick Decision-Making: The color-coded table (green for Bullish/Overbought, red for Bearish/Oversold, orange for Indecision) allows traders to quickly identify dominant conditions and momentum alignment across timeframes, helping in trade confirmation. 4. Trend Analysis: By observing alignment or divergence in market conditions across timeframes, traders can gauge the strength of a trend or anticipate reversals. For example: If all timeframes show "Bullish," it suggests strong momentum. If smaller timeframes are "Overbought" while larger ones are "Bearish," it warns of a possible pullback. 5. Customizable Parameters: The indicator allows customization of Stochastic K, D, smoothing values, and overbought/oversold levels, enabling users to tailor the analysis to specific trading styles or market conditions. --- Use Cases: 1. Scalping: A scalper can use lower timeframes (e.g., M1, M5) to find overbought/oversold zones for quick trades. 2. Swing Trading: Swing traders can align smaller timeframes with higher ones (e.g., M15 and H1) to confirm momentum before entering a trade. 3. Trend Reversals: Overbought or oversold conditions across all timeframes may indicate a major reversal point, helping traders plan exits or countertrend entries. 4. Trend Continuation: Consistent bullish or bearish conditions across all timeframes confirm the continuation of a trend, providing confidence to hold positions. --- Summary: This indicator enhances the traditional Stochastic Oscillator by giving a multi-timeframe snapshot of market momentum, overbought/oversold conditions, and trend direction. It enables traders to quickly assess the overall market state, spot opportunities, and make more informed trading decisions.
Indicateur Pine Script®
par Elwick
1
PDF-MA Supertrend [BackQuant]PDF-MA Supertrend The PDF-MA Supertrend combines the innovative Probability Density Function (PDF) smoothing with the widely popular Supertrend methodology, creating a robust tool for identifying trends and generating actionable trading signals. This indicator is designed to provide precise entries and exits by dynamically adapting to market volatility while visualizing long and short opportunities directly on the chart. Core Feature: PDF Smoothing At the foundation of this indicator is the PDF smoothing technique, which applies a Probability Density Function to calculate a smoothed moving average. This method allows the indicator to assign adaptive weights to data points, making it responsive to market changes without overreacting to short-term volatility. Key parameters include: Variance: Controls the spread of the PDF weighting. A smaller variance results in sharper responses, while a larger variance smooths out the curve. Mean: Shifts the PDF’s center, allowing traders to tweak how weights are distributed around the data points. Smoothing Method: Offers the choice between EMA (Exponential Moving Average) and SMA (Simple Moving Average) for blending the PDF-smoothed data with traditional moving average methods. By combining these parameters, the PDF smoothing creates a moving average that effectively captures underlying trends. Supertrend: Adaptive Trend and Volatility Tracking The Supertrend is a well-known volatility-based indicator that dynamically adjusts to market conditions using the ATR (Average True Range). In this script, the PDF-smoothed moving average acts as the price input, making the Supertrend calculation more adaptive and precise. Key Supertrend Features: ATR Period: Determines the lookback period for calculating market volatility. Factor: Multiplies the ATR to set the distance between the Supertrend and the price. A higher factor creates wider bands, filtering out smaller price movements, while a lower factor captures tighter trends. Dynamic Direction: The Supertrend flips its direction based on price interactions with the calculated upper and lower bands: Uptrend : When the price is above the Supertrend, the direction turns bullish. Downtrend : When the price is below the Supertrend, the direction turns bearish. This combination of PDF smoothing and Supertrend calculation ensures that trends are detected with greater accuracy, while volatility filters out market noise. Long and Short Signal Generation The PDF-MA Supertrend generates actionable trading signals by detecting transitions in the trend direction: Long Signal (𝕃): Triggered when the trend transitions from bearish to bullish. This is visually represented with a green triangle below the price bars. Short Signal (𝕊): Triggered when the trend transitions from bullish to bearish. This is marked with a red triangle above the price bars. These signals provide traders with clear entry and exit points, ensuring they can capitalize on emerging trends while avoiding false signals. Customizable Visualization Options The indicator offers a range of visualization settings to help traders interpret the data with ease: Show Supertrend: Option to toggle the visibility of the Supertrend line. Candle Coloring: Automatically colors candlesticks based on the trend direction: Green for long trends. Red for short trends. Long and Short Signals (𝕃 + 𝕊): Displays long (𝕃) and short (𝕊) signals directly on the chart for quick identification of trade opportunities. Line Color Customization: Allows users to customize the colors for long and short trends. Alert Conditions To ensure traders never miss an opportunity, the PDF-MA Supertrend includes built-in alerts for trend changes: Long Signal Alert: Notifies when a bullish trend is identified. Short Signal Alert: Notifies when a bearish trend is identified. These alerts can be configured for real-time notifications via SMS, email, or push notifications, making it easier to stay updated on market movements. Suggested Parameter Adjustments The indicator’s effectiveness can be fine-tuned using the following guidelines: Variance: For low-volatility assets (e.g., indices): Use a smaller variance (1.0–1.5) for smoother trends. For high-volatility assets (e.g., cryptocurrencies): Use a larger variance (1.5–2.0) to better capture rapid price changes. ATR Factor: A higher factor (e.g., 2.0) is better suited for long-term trend-following strategies. A lower factor (e.g., 1.5) captures shorter-term trends. Smoothing Period: Shorter periods provide more reactive signals but may increase noise. Longer periods offer stability and better alignment with significant trends. Experimentation is encouraged to find the optimal settings for specific assets and trading strategies. Trading Applications The PDF-MA Supertrend is a versatile indicator suited to a variety of trading approaches: Trend Following : Use the Supertrend line and signals to follow market trends and ride sustained price movements. Reversal Trading : Spot potential trend reversals as the Supertrend flips direction. Volatility Analysis : Adjust the ATR factor to filter out minor price fluctuations or capture sharp movements. Final Thoughts The PDF-MA Supertrend combines the precision of Probability Density Function smoothing with the adaptability of the Supertrend methodology, offering traders a powerful tool for identifying trends and volatility. With its customizable parameters, actionable signals, and built-in alerts, this indicator is an excellent choice for traders seeking a robust and reliable system for trend detection and entry/exit timing. As always, backtesting and incorporating this indicator into a broader strategy are recommended for optimal results.
Indicateur Pine Script®
par BackQuant
2
Codi's Perp-Spot Basis# Perp-Spot Basis Indicator This indicator calculates the percentage basis between perpetual futures and spot prices for crypto assets. It is inspired by the original concept from **Krugermacro**, with the added improvement of **automatic detection of the asset pairs** based on the current chart symbol. This enhancement makes it faster and easier to apply across different assets without manual configuration. ## How It Works The indicator compares the perpetual futures price (e.g., `BTCUSDT.P`) to the spot price (e.g., `BTCUSDT`) on Binance. The difference is expressed as a percentage: (Perp - Spot) / Spot * 100 The results are displayed in a color-coded graph: - **Blue (Positive Basis):** Perpetual futures are trading at a premium, indicating **bullish sentiment** among derivatives traders. - **Red (Negative Basis):** Perpetual futures are trading at a discount, indicating **bearish sentiment** among derivatives traders. This percentage basis is a core component in understanding funding rates and derivatives market dynamics. It serves as a faster proxy for funding rates, which typically lag behind real-time price movements. --- ## How to Use It ### General Concept - **Red (Negative Basis):** Ideal to execute **longs** when derivatives traders are overly bearish. - **Blue (Positive Basis):** Ideal to execute **shorts** when derivatives traders are overly bullish. ### Pullback Sniping 1. During an **uptrend**: - If the basis turns **red** temporarily, it can signal an opportunity to **buy the dip**. 2. During a **downtrend**: - If the basis turns **blue** temporarily, it can signal an opportunity to **sell the rip**. 3. Wait for the basis to **pop back** (higher in uptrend, lower in downtrend) to time entries more effectively—this often coincides with **stop runs** or **liquidations**. ### Intraday Execution - **When price is falling**: - If the basis is **red**, the move is derivatives-led (**normal**). - If the basis is **blue**, spot traders are leading, and perps are offside—wait for **price dumps** before longing. - **When price is rising**: - If the basis is **blue**, the move is derivatives-led (**normal**). - If the basis is **red**, spot traders are leading, and perps are offside—wait for **price pops** before shorting. ### Larger Time Frames - **Consistently Blue Basis:** Indicates a **bull market** as derivatives traders are bullish over the long term. - **Consistently Red Basis:** Indicates a **bear market** as derivatives traders are bearish over the long term. --- ## Improvements Over the Original This version of the Perp-Spot Basis indicator **automatically detects the Binance perpetual futures and spot pairs** based on the current chart symbol. For example: - If you are viewing `ETHUSDT`, it automatically references `ETHUSDT.P` for the perpetual futures pair and `ETHUSDT` for the spot pair in BINANCE.
Indicateur Pine Script®
par Cod1ox
Green/Red Candle Probability (EMA 7, SMA 20, SMA 200)### Strategy Explanation for Candle Probability Indicator This script is designed to calculate the **probability of bullish (green) and bearish (red) candles** over a given analysis period. It leverages three key moving averages to identify market trends and display these probabilities directly on the chart, making it easier for traders to make informed decisions. #### **How the Script Works:** 1. **Trend Detection Using Moving Averages:** - The script calculates three moving averages: - **EMA (Exponential Moving Average) over 7 periods** - **SMA (Simple Moving Average) over 20 periods** - **SMA over 200 periods** The trend is classified as: - **Bullish:** When EMA 7 > SMA 20 > SMA 200 - **Bearish:** When EMA 7 < SMA 20 < SMA 200 2. **Candle Analysis:** The script analyzes the last "n" candles (based on the user-defined lookback period) to count the number of bullish and bearish candles: - **Bullish (green) candle:** The closing price is higher than the opening price. - **Bearish (red) candle:** The closing price is lower than the opening price. 3. **Probability Calculation:** The probabilities are calculated as a percentage of bullish and bearish candles in the lookback period: - **Green Probability (%) = (Number of Green Candles / Lookback Period) × 100** - **Red Probability (%) = (Number of Red Candles / Lookback Period) × 100** 4. **Displaying Results in a Table:** The results are displayed in a table on the chart, including: - **Green Probability (%)** - **Red Probability (%)** - **Current Trend (Bullish, Bearish, or Neutral)** #### **Strategy Overview:** This indicator provides traders with a quick overview of the candle probabilities and the current market trend based on moving averages. It helps traders: - Gauge the likelihood of bullish or bearish candles appearing in the near future. - Identify the prevailing trend (bullish, bearish, or neutral). - Adjust their trading strategies based on statistical probabilities rather than assumptions. ### **Important Notes:** - The lookback period can be customized between **10 and 200 periods**. - The indicator does not provide buy/sell signals but gives insights into market behavior. By understanding the candle probabilities and the trend, traders can better assess market conditions and improve their decision-making process.
Indicateur Pine Script®
par Yannick1961
MA Trend DashboardMA Trend Dashboard - Features The MA Trend Dashboard is a versatile and user-friendly indicator designed to provide a comprehensive overview of market trends across multiple timeframes using moving averages (MAs). Here's what this script offers: 1. Dashboard Display A compact and visually appealing dashboard is overlaid on the chart. The dashboard displays the trend direction and deviation percentages for 30-minute, 1-hour, and 4-hour timeframes. Users can position the dashboard in different locations (Top Right, Middle Right, or Bottom Right) and customize the text size (Tiny, Small, Normal). 2. Multi-Timeframe Trend Analysis The script uses the concept of Multi-Timeframe (MTF) analysis to assess trends across: 30-minute (30m) 1-hour (1h) 4-hour (4h) Each timeframe's trend is evaluated using the selected moving average method. 3. Customizable Moving Average Methods Users can choose from various moving average calculation methods: SMA (Simple Moving Average) EMA (Exponential Moving Average) SMMA (Smoothed Moving Average or RMA) WMA (Weighted Moving Average) VWMA (Volume-Weighted Moving Average) This flexibility allows for tailored trend analysis based on the user's preferred methodology. 4. Visual Trend Indicators Clear visual cues indicate the trend direction for each timeframe: ↑ (Up): Bullish trend. ↓ (Down): Bearish trend. ↘ (Weak Up): Mild bullishness. ↗ (Weak Down): Mild bearishness. The background color of each cell dynamically changes based on the trend: Green: Uptrend. Red: Downtrend. 5. Deviation Percentage The dashboard includes the percentage difference between the current price and the moving average for each timeframe. Positive percentages are highlighted in green, and negative percentages in red. 6. Customization Options Text Color: Allows users to adjust the color of the text displayed in the dashboard. MA Length: Users can set the period for the moving averages (default is 50). 7. Dynamic Requests Utilizes TradingView's dynamic_requests feature to ensure accurate real-time data across different timeframes without cluttering the chart. Usage This indicator is ideal for traders who want a quick and reliable snapshot of market trends across multiple timeframes. It is particularly suited for intraday and swing trading strategies, offering insights into price momentum and potential reversals.
Indicateur Pine Script®
par PT321